Business •
03 Jul '25
The European Union has committed EUR 5 million to support the United Nations World Food Programme (WFP) in delivering income-generating and nutritional initiatives for refugees and host communities in Uganda.Uganda is home to 1.9 million refugees and asylum seekers, making it the largest r
Business •
03 Jul '25
The Senate side of the Capitol is seen in Washington, early Monday, June 30, 2025, as Republicans plan to begin a final push to advance President Donald Trump's big tax breaks and spending cuts package. (AP)US President Donald Trump’s sweeping tax-and-s
Business •
03 Jul '25
Chairman Mbire earns shs 55 million per day from MTN dividendsBusinessman Charles Mbire’s investment in MTN Uganda is staging a strong comeback, nearing the $70 million mark after rebounding by nearly $5 million in just 51 days. After facing
Business •
03 Jul '25
In a historic real estate shake-up, property mogul John Bosco Muwonge popularly known as Ntere Nfune has purchased the iconic Mukwano Mall in downtown Kampala for a staggering UGX 250 billion ($65 million) in an all-cash transaction.The acquisition is now
Business •
02 Jul '25
Barely two months of existence, the People’s Front for Freedom (PFF), has attracted over 10,000 individuals, picking nomination forms to contest under the new party in the 2026 elections.The large number of aspirants, coming at a time when PFF’s found
Business •
25 Jun '25
Zohran Mamdani, the 33-year-old son of renowned Ugandan academic Mahmood Mamdani and celebrated filmmaker Mira Nair, has stunned the US political establishment after pulling ahead in New York City's mayoral Democratic primary.Born in Kampala and now on the verge of becomin
Business •
24 Jun '25
Iran’s Foreign Minister Abbas Araghchi has denied any formal agreement on a ceasefire with Israel, saying Tehran's military operations continued until 4am local time (00:30 GMT) and could resume if Israel does not end its aggression.In a series of statements on X (formerly Twitter), Arag
Business •
24 Jun '25
Qatar has temporarily suspended all air traffic in its airspace, citing safety concerns for citizens, residents, and visitors amid what appear to be escalating regional tensions involving Iran.The announcement, made by the Ministry of Foreign Affairs on June 23, 2025, has
Business •
23 Jun '25
MTN Uganda plans to spin off its mobile money arm, MTN MoMo, into a separate entity, a move that could alter the structure of its business in one of its largest African markets.In a regulatory filing last week, the company said it “intends to implement a proposed
Business •
20 Jun '25
Uganda’s Ministry of Health is at risk of losing critical funding from the Global Fund, one of the largest donors in the fight against HIV/AIDS, amid explosive allegations that ABBOTT Laboratories, a supplier of HIV test kits, is covertly financing influential